Gol Linhas Aereas Price on May 6, 2021

GOLDelisted Stock  USD 1.08  0.06  5.88%   
If you're considering investing in Gol Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gol Linhas stands at 1.08, as last reported on the 19th of April, with the highest price reaching 1.22 and the lowest price hitting 0.95 during the day. Gol Linhas Aereas holds Efficiency (Sharpe) Ratio of -0.45, which attests that the entity had a -0.45% return per unit of risk over the last 3 months. Gol Linhas Aereas exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gol Linhas' Market Risk Adjusted Performance of (0.37), risk adjusted performance of (0.09), and Standard Deviation of 7.45 to validate the risk estimate we provide.
  
Gol Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.4483

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Estimated Market Risk

 14.6
  actual daily
96
96% of assets are less volatile

Expected Return

 -6.55
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.45
  actual daily
0
Most of other assets perform better
Based on monthly moving average Gol Linhas is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gol Linhas by adding Gol Linhas to a well-diversified portfolio.

Gol Linhas Valuation on May 6, 2021

It is possible to determine the worth of Gol Linhas on a given historical date. On May 6, 2021 Gol was worth 7.84 at the beginning of the trading date compared to the closed value of 7.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gol Linhas stock. Still, in general, we apply an absolute valuation method to find Gol Linhas' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Gol Linhas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gol Linhas' related companies.
 Open High Low Close Volume
04/04/2022
  7.84    7.94    7.73    7.76    2,840,600  
  7.73    7.75    7.27    7.29    2,306,900  
Backtest Gol Linhas  |  Gol Linhas History  |  Gol Linhas Valuation Next  
Open Value
7.84
7.76
Closing Value
51.64
Upside

Gol Linhas Trading Date Momentum on May 6, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Gol Linhas Aereas Fundamentals Correlations and Trends

By evaluating Gol Linhas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gol Linhas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gol financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Gol Linhas Stock history

Gol Linhas investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gol is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gol Linhas Aereas will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gol Linhas stock prices may prove useful in developing a viable investing in Gol Linhas
GOL Linhas Areas Inteligentes S.A. provides scheduled and non-scheduled air transportation services for passengers and cargo and maintenance services for aircrafts and components in Brazil, rest of South America, the Caribbean, and the United States. GOL Linhas Areas Inteligentes S.A. was founded in 2000 and is headquartered in So Paulo, Brazil. Gol Linhas operates under Airlines classification in the United States and is traded on New York Stock Exchange. It employs 14290 people.

Gol Linhas Stock Technical Analysis

Gol Linhas technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
A focus of Gol Linhas technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gol Linhas trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Gol Linhas Period Price Range

Low
April 4, 2022
-0.08  -1.02%
High

 7.84 

     

 7.76 

Gol Linhas April 19, 2024 Market Strength

Market strength indicators help investors to evaluate how Gol Linhas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gol Linhas shares will generate the highest return on investment. By undertsting and applying Gol Linhas stock market strength indicators, traders can identify Gol Linhas Aereas entry and exit signals to maximize returns

Gol Linhas Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Gol Linhas' price direction in advance. Along with the technical and fundamental analysis of Gol Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gol to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Other Consideration for investing in Gol Stock

If you are still planning to invest in Gol Linhas Aereas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Gol Linhas' history and understand the potential risks before investing.
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